Steve Ferm Email & Phone Number

United States

Minneapolis, Minnesota, United States

Farmington, MN

Co-founder of a full-service concert merchandise company with annual sales of over $2.0M.Swag Guys is the preferred merchandise company in Minnesota and surrounding outstate cities for all outdoor stadium/amphitheater concerts as well as most smaller venue shows. Swag Guys has run every major event at TCF Bank Stadium, Target Field, Grand Casino Hinckley.

Minnesota, United States

Vacasa Rentals - Accounts Payable Manager - Remotely oversaw the NetSuite/Admin payment teams. Initiated all BOA/Wells Fargo/JPM wire payments. Led AP team through bank conversion from Wells Fargo to JPM. Oversaw ISO20022 bank payment integrations for JPM, BOA, & Wells Fargo.Stock+Field - Accounts Payable Manager - Built, trained, and supervised team of 6.

Plymouth, MN

• Led credit/AR team of 6 professionals overseeing 4,000+ active accounts and $500M in annual sales. Computed and compiled the monthly bad debt reserve requirements and completed corresponding AR account reconciliations.
• Negotiated a $300K cost reduction over three years for obtaining credit reports, moving from Dun & Bradstreet to Experian.
• Implemented Wells Fargo CEO/RM allowing all electronic payments to auto-apply in ERP system reducing FTE by.5.

Carlson World Headquarters, Minnetonka, MN

• Managed the Oracle processing team, NCR Back Office team, Managed Hotels invoice/payment team, and AP Helpdesk team. Closed month-end and year-end for the U.S. and Canada set of books which included running all.
• Obtained, reviewed, and cataloged process flows and desktop procedures (400+) for Accounts Payable, Cash Application, and Corporate Services as part of the Business Continuity Plan.
• Developed and implemented imaging solution to store invoices electronically (50,000+ annually) for 17 managed hotels reducing the offsite storage expense for 30+ boxes annually and allowing for immediate document.
• Implemented NCR Back Office for processing invoices for 269 corporate TGI Friday’s locations.

Carlson World Headquarters, Minnetonka, MN

• Led monthly credit and collections meetings for Carlson Marketing Worldwide, Carlson Restaurants Worldwide (Domestic & International), and Carlson Hotels Worldwide with annual accounts receivable of over $2B..
• Reduced DSO 17 days in the year following the return of Accounting functions from India resulting in an excess of $40M in cash flow.
• Researched, reviewed, and installed 3rd party collection software resulting in a 25% reduction in FTE’s.
• Completed e-payment project that expanded we payment capabilities including ACH, credit card, and p-card payments increasing electronic payments received by 35% the first year.

St. Paul, MN

Bachelor, General Business

Education record